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Heavy Electrical Equipment
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ABB India Limited (ABB) Business Profile
ABB India Limited develops and sells products and system solutions to utilities, industries, channel partners, and original equipment manufacturers worldwide. The company operates through Motion, Robotics and Discrete Automation, Electrification, Industrial Automation, and Power Grids segments. The Motion segment produces and provides motors, generators, and drives that provide power, motion, and control for a range of automation applications; and offers solutions and related services. The Robotics and Discrete Automation segment provides value-added solutions in robotics, machine, and factory automation. The Electrification segment offers a range of digital and connected solutions for low- and medium-voltage applications, which include EV infrastructure, solar inverters, modular substations, distribution automation, power protection, wiring accessories, switchgear, enclosures, cabling, sensing, and control products. The Industrial Automation segment provides products, systems, and services, including turnkey engineering, control systems, measurement products, life cycle services, outsourced maintenance, and industry specific products for the optimization of the productivity of industrial processes in oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals and minerals, marine, and turbocharging industries. The Power Grids segment offers power and automation products, systems, services, and software solutions comprising grid integration, transmission, distribution, and automation solutions, as well as a range of high voltage products and transformers. The company was formerly known as ABB Limited and changed its name to ABB India Limited in June 2013. The company was incorporated in 1949 and is headquartered in Bengaluru, India. ABB India Limited operates as a subsidiary of ABB Asea Brown Boveri Ltd. The ISIN of this stock is INE117A01022.